As Elliott Zaagman of the Maritime Executive writes, the green energy transition could lead to more reliance on China.
- China holds a dominant position in the manufacturing of lithium-ion batteries used in electric cars and also is a producer of the rare earth metals used to produce these batteries.
- In order to supply the green energy transition, imports of materials from China will have to increase.
“Coordinating and scaling such a supply chain would take time, money and significant negotiation, both in Washington and overseas. For a Biden administration’s clean energy vision to become a reality, it will likely be much cheaper, faster and easier to go through China.”
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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
